(VIANEWS) – GJENSIDIGE FORSIKR (GJF.OL), SPAREBANKEN ØST (SPOG.OL), WERELDHAVE BELGIUM (WEHB.BR) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. The payout ratio in itself isn’t a promise of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute them.
When researching a potential investment, the dividend payout ratio is a good statistic to know so here is a list of some companies with an above 30% payout ratio.
1. GJENSIDIGE FORSIKR (GJF.OL)
85.18% Payout Ratio
Gjensidige Forsikring ASA provides general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through six segments: General Insurance Private, General Insurance Commercial, General Insurance Denmark, General Insurance Sweden, General Insurance Baltics, and Pension. It offers motor, accident and health, travel, leisure craft, valuables, liability, commercial, marine/transport, agriculture, natural perils, life, and pet insurance products. The company also provides defined contribution occupational pension schemes for businesses, which include disability pension, spouse/cohabitant pension, and child's pension products. It distributes its products through various distribution channels comprising office channel, call center, Internet, partners, and brokers to private and commercial customers. The company was founded in 1816 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, GJENSIDIGE FORSIKR has a trailing twelve months EPS of kr9.06.
PE Ratio
GJENSIDIGE FORSIKR has a trailing twelve months price to earnings ratio of 19.7. Meaning, the purchaser of the share is investing kr19.7 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 17.89%.
Sales Growth
GJENSIDIGE FORSIKR’s sales growth for the current quarter is 135.5%.
Yearly Top and Bottom Value
GJENSIDIGE FORSIKR’s stock is valued at kr178.50 at 02:10 EST, way under its 52-week high of kr216.60 and higher than its 52-week low of kr164.50.
Volume
Today’s last reported volume for GJENSIDIGE FORSIKR is 50153 which is 86.94% below its average volume of 384263.
More news about GJENSIDIGE FORSIKR.
2. SPAREBANKEN ØST (SPOG.OL)
81.36% Payout Ratio
Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers financial products, such as savings, credit, and payment products; mortgages on homes; and debenture financing for second-hand cars, as well as services in the areas of financing, savings and investment, and money-transfer. It also distributes insurance, fund shares, interest rate hedging, and currency, as well as operates, manages, leases, and sells real estate properties. The company was founded in 1843 and is headquartered in Drammen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN ØST has a trailing twelve months EPS of kr4.72.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 9.53. Meaning, the purchaser of the share is investing kr9.53 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.25%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.8%, now sitting on 691.4M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 38.8% and 65.3%, respectively.
More news about SPAREBANKEN ØST.
3. WERELDHAVE BELGIUM (WEHB.BR)
65.5% Payout Ratio
Wereldhave Belgium focuses on shopping centres and retail parks that are dominant in their catchment area. The shares are listed on the Euronext Brussels stock exchange. On 31 March 2020, Wereldhave Belgium's market capitalisation amounts to € 403 million.
Earnings Per Share
As for profitability, WERELDHAVE BELGIUM has a trailing twelve months EPS of €6.1.
PE Ratio
WERELDHAVE BELGIUM has a trailing twelve months price to earnings ratio of 8.33. Meaning, the purchaser of the share is investing €8.33 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.05%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 17, 2023, the estimated forward annual dividend rate is 4.2 and the estimated forward annual dividend yield is 7.69%.
Yearly Top and Bottom Value
WERELDHAVE BELGIUM’s stock is valued at €50.80 at 02:10 EST, way under its 52-week high of €59.00 and way above its 52-week low of €42.80.
Volume
Today’s last reported volume for WERELDHAVE BELGIUM is 198 which is 89.32% below its average volume of 1854.
More news about WERELDHAVE BELGIUM.
4. AIR LIQUIDE (AI.PA)
52.23% Payout Ratio
L'Air Liquide S.A. provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The Gas & Services segment comprises large industries business, which offers gas and energy solutions including oxygen, nitrogen, argon, hydrogen, and carbon monoxide, as well as operates cogeneration plants to supply steam and electricity to metals, chemicals, refining, and energy industries; and industrial merchant business line provides industrial gases, equipment, hardgoods, and associated services to material and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sector. This segment also includes healthcare business, which provides medical gases, home healthcare services, medical equipment, and specialty ingredient to patients, healthcare professionals, and hospitals; and electronic business supply carrier gases, electronic specialty and advanced materials, equipment and installation, and service to semiconductor, flat panel, and photovoltaic markets. Its Engineering & Construction segment designs, develops, and builds industrial gas production plants to third parties; and design and manufacture plants in traditional, renewable and alternative energy sectors. The Global Markets & Technologies segment delivers technological solutions, such as molecules, equipment, and services to energy transition, primarily in transport, energy, and waste valorization, as well as space exploration, aerospace, fundamental sciences, and quantum computing. This segment also invests in biomethane production units; develops stations for distributing natural biogas for vehicles and hydrogen; operates biomethane production units for maritime industry; and supplies gases for the offshore oil and gas platforms, offshore wind turbines, and cryogenic transportation by sea. L'Air Liquide S.A. was incorporated in 1902 and is headquartered in Paris, France.
Earnings Per Share
As for profitability, AIR LIQUIDE has a trailing twelve months EPS of €5.27.
PE Ratio
AIR LIQUIDE has a trailing twelve months price to earnings ratio of 30.72. Meaning, the purchaser of the share is investing €30.72 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.77%.
Volume
Today’s last reported volume for AIR LIQUIDE is 329303 which is 58% below its average volume of 784202.
Yearly Top and Bottom Value
AIR LIQUIDE’s stock is valued at €161.92 at 02:10 EST, higher than its 52-week high of €153.40.
More news about AIR LIQUIDE.
5. CROSSWOOD (CROS.PA)
51.06% Payout Ratio
Crosswood SA engages in real estate activity in France. Its property portfolio includes shops and offices, and housing properties. The company was formerly known as Desquenne et Giral. Crosswood SA was incorporated in 1935 and is based in Paris, France. Crosswood SA operates as a subsidiary of Compagnie Financiere De Broceliande.
Earnings Per Share
As for profitability, CROSSWOOD has a trailing twelve months EPS of €0.94.
PE Ratio
CROSSWOOD has a trailing twelve months price to earnings ratio of 15.85. Meaning, the purchaser of the share is investing €15.85 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.48%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 6, 2023, the estimated forward annual dividend rate is 0.11 and the estimated forward annual dividend yield is 1.38%.
Moving Average
CROSSWOOD’s value is way above its 50-day moving average of €7.39 and way higher than its 200-day moving average of €7.51.
Volume
Today’s last reported volume for CROSSWOOD is 110 which is 66.36% below its average volume of 327.
Yearly Top and Bottom Value
CROSSWOOD’s stock is valued at €14.90 at 02:10 EST, way higher than its 52-week high of €8.30.
More news about CROSSWOOD.
